This week’s multifamily roundup features insights on multifamily construction starts in the top 10 metros, the occupational profile of workforce renters and where luxury apartment rents are rising. First, Multifamily Executive reports that construction activity has picked up over the last six months in half of the top 10 metro markets. Then, Mortgage Bankers Association
Go ahead and picture an apartment building. If you are like most people, then you are likely envisioning something large, tall and in a city. Well — as recent Chandan Economics research published on ALEX Chatter shows — most multifamily renters (57%) actually live in buildings with between 5 and 19 units. The research also
On the heels of funding $200 million in multifamily loans across five states, Arbor Commercial Mortgage, LLC just announced the funding of over $100 million for 21 loans across Alabama, Texas, The Carolinas, Florida, Georgia, Michigan and New York. The most recent production of loans was funded through the following programs: Fannie Mae Delegated
Truly understanding a client’s needs and partnering with them through the financing process has helped differentiate the Arbor family of companies from its peers for more than two decades. From its beginning in 1983 as Arbor National Mortgage as a leading single-family residential lender, to its present-day status as a leading, nationwide multifamily lender,
Freddie Mac has named their newest Seniors Housing Lender as Arbor Commercial Mortgage, LLC — a national, direct commercial real estate lender. One of only 15 Freddie Mac Senior Housing Lenders in the U.S., Arbor has obtained a coveted loan product that will increase a comprehensive financing platform. Arbor will now be able to
Last month, Fannie Mae officially named Arbor Commercial Funding, LLC, a wholly owned subsidiary of Arbor Commercial Mortgage, a Fannie Mae Seniors Housing Delegated Underwriting and Servicing (DUS®) lender. Arbor was already an existing lender in Fannie Mae’s conventional multifamily housing program. Arbor’s consistent record as one of the highest producers of Multifamily Affordable
In the information age, convenient does not always mean better. The quest to build faster, advanced platforms sometimes results in overwrought machines that value flash over function. Unfortunately, in many instances, customer service often disappears along the way. Despite this, innovation and personalized care need not work at cross-purposes. Indeed, the two have driven
